2024 ARS to GMD Historical Review

YEARLY HIGH

0.0830 GMD

YEARLY LOW

0.0693 GMD

YEARLY AVERAGE

0.0755 GMD

2024 ARS to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0830. Conversely, the yearly low was recorded on October 8, dropping to 0.0693.

This high-to-low spread represents a total annual volatility of 0.0138 GMD. From a start-to-finish perspective, comparing the January average rate of 0.0823 to the December average rate of 0.0704, the exchange rate registered a net change of -14.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0830 was down 76.31% compared to the 2023 peak of 0.3505, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ARS based on timing:

Yearly Peak High 415 GMD

2023 Average 1,181 GMD

Yearly Trough Low 346 GMD

Transaction Impact: A difference of 68.80 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0835

0.0692

JanuMarcMayJulySeptNove

ARS to GMD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0788, compared to 0.0721 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.0788

H2 Avg (Jul–Dec) 0.0721

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0037 GMD (High: 0.0745 / Low: 0.0707). On the other end, December was the most stable month, with a tight range of 0.0011 GMD (High: 0.0709 / Low: 0.0698).

September Spread (Volatile) ±0.0037

December Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0018 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0823) against the same month in 2023 (average: 0.3408), the exchange rate shifted by -0.2585 (-75.85%).

2024 Avg (January) 0.0823

2023 Avg (January) 0.3408

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0830	0.0816	0.0823
February	0.0817	0.0802	0.0810
March	0.0807	0.0792	0.0799
April	0.0792	0.0773	0.0782
May	0.0776	0.0758	0.0765
June	0.0758	0.0744	0.0750
July	0.0747	0.0727	0.0736
August	0.0763	0.0733	0.0742
September	0.0745	0.0707	0.0725
October	0.0721	0.0693	0.0707
November	0.0722	0.0703	0.0712
December	0.0709	0.0698	0.0704